#USChinaTradeTalks Tensions remain high in US-China trade relations, despite a recent "truce" and new talks. A fresh round of negotiations kicked off today in London, following a phone call last week between Presidents Trump and Xi. The aim is to build on a preliminary deal from May that temporarily lowered tariffs.

However, both sides have since accused each other of breaches. Key sticking points include China's restrictions on rare earth exports and US limitations on advanced technology sales to China. China's exports to the US significantly declined in May, highlighting the impact of the ongoing trade friction. Global markets are closely watching for any signs of de-escalation!